Clan control relies on values and norms to keep organization members goal-directed.

Answer the following statement true (T) or false (F)


True

Increasingly, organizations are using clan control, which takes advantage of the power of internalized values and norms to guide and constrain employee attitudes and behavior in ways that increase organizational performance. The first function of a control system is to shape the behavior of organizational members to ensure that they are working toward organizational goals and to take corrective action if those goals are not being met.

Business

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Concerning the management of foreign exchange risk, some business firms do not hedge at all either because they cannot determine how much money will be coming in from abroad or because they have a deliberate strategy of allowing currencies to balance each other out around the world.

a. True b. False

Business

The NAICS coding system allows marketing teams to examine specific industries

Indicate whether the statement is true or false

Business

Outsourcing _____ ISs incurs more risk than outsourcing the routine tasks of operational ISs.

A. global B. customer C. geographic D. strategic

Business

Gigi, the general manager of Orchard Wealth Bank, is confident that her loan officers share the same values and mission of the company. She empowers her employees to make their own decisions on loan applications because she has provided extensive training. She also has a weekly “morning meeting” to share important information about the company to help facilitate their decision-making processes. Gigi is practicing ______.

A. high-involvement management B. positive organizational behavior C. ethical organizational behavior D. superleadership

Business